Disney CEO Bob Iger's salary took a heavy hit between 2018 and 2019.
According to Deadline, Iger earned $47.5 million in total compensation in 2019. This is a 28% decline from his 2018 salary of $65.6 million. The difference between the two comes from a one-time incentive Iger earned in 2018 after he agreed to stay on as CEO past the date he had announced he would retire.
Iger's composition is broken down into a $3 million base salary, nearly $30 million in stock and option awards and another $21.8 million in non-equity incentive plan compensation.
Iger's salary does not come without controversy. Abigail Disney, grand-daughter of Roy O. Disney, the co-founder of the company, called his 2018 compensation “insane.” Iger and other high-earning CEO's have also faced recent attacks from politicians calling for higher taxes on the rich.
2019 was a strong year for Disney. The company put out six movies that earned each earned over $1 billion at the worldwide box office: Captain Marvel, Avengers: Endgame, Aladdin, Toy Story 4, The Lion King and Frozen 2. (Seven if you count Star Wars: The Rise of Skywalker, which earned its billionth dollar in early 2020.) Iger also oversaw the launch of Disney+, which captured 10 million sign-ups in its first 24 hours.